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- ADYEN (Buy, TP: EUR1,800, +27%) Rise of the Merchants: Shifts in Interchange and what it means for Adyen, PayPal and peers by New Street Research
- German FTTH/ altnet deep-dive update Dynamics still supportive for the larger players by New Street Research
- VZ (Neutral, TP: $45, Total Return +18%) 1Q24 Quick Take: Solid Wireless results; industry slowdown in Broadband evident by New Street Research
- VEON (Buy, TP: $40, +69%) Feedback from small group lunch by New Street Research
- Rakuten (Reduce, TP: ¥400, -47%) Not on track to hit breakeven targets by New Street Research
- VZ (Neutral, TP: $45, Total Return +23%) Model Update by New Street Research
- Nigerian Telcos Still weathering the (macro) storm by New Street Research
- SingTel (Buy, TP: S$ 4.4, +83%) SingTel’s market cap now fully covered by stake in Bharti; could a Buyback narrow the SOP discount? by New Street Research
- KPN (Neutral, TP: €3.8, +12%) Q1 24: Solid results; low volumes not currently an issue by New Street Research
- AT&T Model Update by New Street Research
- SK Telecom (Buy, TP: KRW 116,000, +120%) New shareholder return policy, somewhat underwhelming by New Street Research
- CMCSA 1Q24 Quick Take - Results mostly in-line by New Street Research
- CMCSA: quick thoughts following the call by New Street Research
- Telecom Italia bond election process: NetCo vs. ServCo? NetCo outlook not necessarily as clear as other InfraCos by New Street Research
- Comcast Model Update by New Street Research
- CHTR 1Q24 Quick Take: Financial results in-line; subscribers soft by New Street Research
- Altice France (SFR)/Orange/Iliad/Bouygues ARCEP 2023 customer survery results by New Street Research
- Charter Model Update by New Street Research
- NSR Policy: The Interconnections of ACP, Spectrum, Title II, and the Second Circuit ruling by New Street Research
- Odido Q4 23: Good SR and EBITDA growth; possible frontbook fix on the cards? by New Street Research
- Telenor (Buy, TP: NOK145, +14%) Q1 24: Good numbers, impressive FCF generation by New Street Research
- Protelindo (Buy, TP: IDR 1,900, +136%) Q1 24 Quick Take: Topline beat but margins missed slightly by New Street Research
- EU Towers Review: A rising risk from land aggregators Cellnex (Neutral, €32) Was €30, Inwit (Neutral, €12.8) Was €12.4 by New Street Research
- Liberty Global (Neutral) Q1 24 - The challenge of subscriber momentum by New Street Research
- AMX (Buy, TP: $24, +25%) Why a seemingly (quite) healthy Telco just filed for Chapter 11. Twice. by New Street Research
- Elisa (Neutral, TP: €54, +27%) Q1 24: EBITDA growth better than SR growth, but B2B EBITDA still negative y/y by New Street Research
- Chinese Telcos Q4 23 review: Outperformance by China Telecom; bullish capex and dividend guidance by New Street Research
- NSR Policy Key Policy Controversies Heading into Earnings: ACP, NN7/States/USF, Spectrum, and DISH by New Street Research
- Verizon 1Q24 Quick thoughts following the call by New Street Research
- Altice France: The bonds are discounting too bearish an outcome by New Street Research
- China Mobile (Buy, TP: HK$115, +65%) Q1 24 Quick Take: Decent bottom line move despite some margin pressure as depreciation eases by New Street Research
- Orange (Buy, TP: €14, +28%) Q1 24: Good results; French KPIs not a worry, SR trends unchanged by New Street Research
- AT&T 1Q24 Quick Take by New Street Research
- AT&T: quick thoughts following the call by New Street Research
- ADYEN (Buy, TP: EUR1,800, +44%) Adyen Q1 24 Trading Statement: Revenues slow (as per outlook) / INVITE by New Street Research
- Telia (Buy, TP: SEK33, +24%) Q1 24: Weak headline numbers, but due to phasing/one-offs by New Street Research
- T-Mobile Quick Hit: Fiber JV Announced by New Street Research
- Cellnex (Neutral, €34, +9%) Q1 24 – Steady quarter with M&A news to come by New Street Research
- Proximus (Neutral, TP: €10.0, +30%) Q1 24: Good domestic revenue and EBITDA performance by New Street Research
- T-Mobile 1Q24 Results Review, Thesis & Model Update by New Street Research
- Pinterest (PINS, Buy, raising target to $52 from $48) Quick Thoughts Ahead of Tuesday’s Print by New Street Research
- CHTR: quick thoughts following the call by New Street Research
- SingTel (Buy, TP: S$ 4.4, +87%) Network sharing with TPG and a S$3.1bn write down. Our thoughts. by New Street Research
- Indonesian Telcos Q4 23 review: Strong execution from XL and Indosat; mobile fundamentals remain healthy by New Street Research
- MTN (Buy, TP: ZAR130, +42%) MTN Nigeria – Q1 24 Quick Take: Strong top line, weak EBITDA/bottom line (as expected), cutting capex with negative implication for IHS by New Street Research
- AMX(Buy, TP: $24, +24%) Televisa (Neutral, $3.5, +11%) Megacable (Neutral, MXN55, +9%) Mexican FTTH/Cable - Megacable to Neutral on Valuation, AMX top pick into Investor Day by New Street Research
- LUMN quick hit: big improvement in fiber adds by New Street Research
- South African Telcos South African Telcos - CY23 H2 review – Modest improvements by New Street Research
- Liberty Global (Neutral) Q1 24 - The challenge of subscriber momentum by New Street Research
- MTN (Buy, TP: ZAR130, +42%) MTN Ghana – Q1 24: Good start to the year by New Street Research